$GLP yield now down to 10%
anon, you had 3 *weeks* to lock in a FIXED yield from anywhere between 20-50% on @voltz_xyz
meaning today, you'd be paying the 10% variable yield while receiving your fixed yield of upwards of 50%!
Over the past 30 days, @voltz_xyz, a novel interest rate swap AMM, has recorded over $5 billion in notional trading volume.
That is more than 0x Protocol, Gains Network, and even PancakeSwap.
#uponly 👇🏾
$GLP yield now down to 10%
anon, you had 3 *weeks* to lock in a FIXED yield from anywhere between 20-50% on @voltz_xyz
meaning today, you'd be paying the 10% variable yield while receiving your fixed yield of upwards of 50%!
Weekly Rewards Info 🔹
$1,837,595.25 collected in the past 7 days
$1,457,731.49 (ARB), $361,152.89 (AVAX), $18,710.87 (GMX-ETH)
To buy and stake $GMX / $GLP: https://t.co/HnDqM1JFdz
one very obvious use case of a yield/rates marketplace: protocols with real yield
the latest @GMX_IO snapshot results prove that. w/ the $GLP market launching today on @voltz_xyz, now the GMX community (or anyone w/ ETH 👀) has the option to lock in a fixed yield, or vice versa
The traders on Voltz seem to agree with this (if the fixed rate is lower than the variable it implies traders expect the yield to go DOWN in the future).
To explain
- Less $ETH staked = more rewards per node = higher yield
- More $ETH staked = less rewards per node = lower yield
Over a 30 day period these HARD_WORKING #Decentralized Apps have published the Most Code💻🗳️
#Github repositories show a positive trend overall among these TOP_CODERS⌨️🔥
This leaderboard shows the TOP RESULTS🏆
$POOL $PNG $BANANA $GFI $UMA $ACX $GEAR $KWENTA $GNS
#Crypto#BNB
1/ Everyone asks “When Evmos”, few ask “When liquidity”
I’d like to introduce a proposal I’ve submitted with blessings from the Evmos team to address this.
The goal: bootstrap future liquidity for upcoming dapps and reduce liquidity fragmentation
glad to add a new fren to the list: @EvmosOrg
the Terra community has proposed a close partnership with the Evmos community & many of the applications launching alongside Evmos mainnet this week
read the latest here: https://t.co/M66K1fkhaB